2026-08-19 06:03:45 pm | Source: Accord Fintech
Kotak Mahindra Mutual Fund files offer document for Nifty Realty Index Fund
Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Kotak Nifty Realty Index Fund'. The New Fund Offer price will be Rs 10 per unit during the NFO. Entry load and Exit load will be nil. The Scheme offers growth and IDCW option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against Nifty Realty Index TRI. The minimum application amount will be Rs 1000 and any amount thereafter.
The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index.
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